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Business News of Tuesday, 25 May 2021

Source: www.sunnewsonline.com

UBA Group appoints Anyanwu as new Board member

UBA bank UBA bank

United Bank for Africa (UBA), the leading pan-African financial services institution, has announced the appointment of Mrs Caroline Anyanwu to its Board of Directors, with effect from May 19, 2021.

Caroline Anyanwu holds a First-Class degree in Statistics from the University of Ilorin and has worked extensively in the fields of accounting, taxation, credit risk and banking throughout her career of close to four decades.  She worked at UBA from 1996-2006, where she held the position of Head, Credit Risk Management. Mrs Anyanwu also served as the Deputy Managing Director of Diamond Bank with supervisory responsibility for risk management, until her retirement in 2019.

Speaking on the new appointment, UBA Group Chairman, Mr Tony Elumelu said: “We welcome Caroline back to the UBA Group after 15 years. She helped develop our credit and risk management, and her track record leaves me in no doubt that she will be able to harness her considerable experience across the African continent to bring valuable contributions to the Group Board of UBA.  Corporate governance and risk management are central to what we do at UBA and Caroline Anyanwu aligns perfectly with our vision.”

UBA is one of the largest employers in the financial sector on the African continent, with more than 20 thousand employees Group-wide and serving over 25 million customers.